Nvidia stock falls after probe into CEO’s affair with alleged foreign spy | CNN Business
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Nvidia shares fell roughly 7% on Monday after CEO Jensen Huang admitted to having an extramarital affair and the company said it was investigating reports he was the “target of a foreign intelligence effort.”
Nvidia shares last week erased all their gains for this year.
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Nvidia shares fell roughly 7% on Monday after CEO Jensen Huang admitted to having an extramarital affair and the company said it was investigating reports he was the “target of a foreign intelligence effort.”
The developments come at a rocky moment for the AI boom, with tech stocks sliding sharply in recent weeks over concerns about the sustainability of the data center buildout.
